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Apple’s iPhone Exports from India Jump 82% to $6 Billion in Q1

Apple has exported iPhones worth $6 billion from India in the first quarter, marking an 82% surge compared to the same period last year. The growth highlights Apple’s expanding manufacturing footprint in India, especially as it shifts some production away from China. Partners like Foxconn and Wistron have ramped up local operations, benefiting from government […]

Apple

Apple has exported iPhones worth $6 billion from India in the first quarter, marking an 82% surge compared to the same period last year. The growth highlights Apple’s expanding manufacturing footprint in India, especially as it shifts some production away from China.

Partners like Foxconn and Wistron have ramped up local operations, benefiting from government incentives like the Production Linked Incentive (PLI) scheme. The increase in exports also showcases India’s growing role as a global manufacturing hub.

As demand for iPhones continues to rise worldwide, India is becoming a critical part of Apple’s global supply chain strategy.

Sources: Indiatimes

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